Savor, a pioneering food company that creates pure, versatile and sustainable fats from carbon without the need for conventional agriculture, has announced the commercial launch of an animal and plant-free butter.
The achievement was celebrated with special dinners in San Francisco and New York, where guests were among the first to taste the butter replacement. Made from carbon dioxide, green hydrogen and methane, it has received GRAS designation from the FDA, permitting legal sales in the US.
Savor’s proprietary technology has gained the interest of chefs, food manufacturers and consumer packaged goods companies, all collaborating on innovation projects to leverage its unique ability to create customisable fats and oils.
Ove the past year, Savor has partnered with select restaurants and bakeries in the San Francisco Bay area and beyond, eager to incorporate its butter into their menus and products. The technology has also caught the attention of multinational consumer goods companies, with several joint development agreements currently being negotiated to expand Savor's customer base.
Kathleen Alexander, co-founder and CEO of Savor, said: “Savor was founded to find the most sustainable way to feed humanity. Truly sustainable solutions can’t just reduce our environmental footprint, they have to be affordable, approachable and craveable.”
She continued: “As the only technology to replace palm oil and other widely used fats with a very low carbon equivalent within the next decade, Savor is positioned to make a substantial impact on global sustainability efforts in the food industry. Savor’s method of producing fats and oils offers differentiated scalability and versatility, allowing us to create, rich, delicious ingredients while reaching price parity with conventional fats more rapidly.”
The commercial launch of the of the animal-and-plant-free butter follows the expansion of Savor’s R&D capabilities and the opening of its first pilot production facility in Illinois, which has the capacity to produce metric tons of fat starting this year.
Chiara Cecchini, VP of commercialisation at Savor, commented: “Our expanding pipeline of partners reflects a deep industry-wide status: the food sector urgently needs solutions to mitigate supply chain instability, which continues to impact revenues and margins across the board.”
Carmichael Roberts of Breakthrough Energy Ventures, one of Savor’s investors, added: “The global demand for fats and oils continues to grow and innovations like Savor’s proprietary fats offer a breakthrough opportunity for the industry and the planet.”
Costa Yiannoulis, co-founder and managing partner of Synthesis Capital, another of the company’s investors, agreed: “Following a decade of experience investing the food tech space, it is clear that fats are a crucially important part of delivering incredible, animal-equivalent taste and texture to alternatives.”
